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Invesco BuyBack Achievers ETF PKW ETF Analysis

Morningstar Medalist Rating
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Morningstar’s Analysis PKW

Will PKW outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PKW’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PKW management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PKW’s parent organization’s priorities and whether they’re in line with investors’ interests.

An inefficient method for capturing quality companies.

Analyst Zachary Evens

Zachary Evens

Analyst

Summary

Invesco BuyBack Achievers ETF PKW aims to outperform the market by selecting only stocks of companies that have recently conducted large share repurchases. Stocks that make the cut should boast strong fundamentals, but shortcomings in the fund’s screening process limit its exposure to high-quality companies and increase risk.

by Zachary Evens
Rated on Published on

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